Solved

Credit Card Payment - Internet based payment

Posted on 2011-09-20
3
280 Views
Last Modified: 2012-06-27
why we cant implemrnt the PIN on the web based transaction to protect the unathorised use of card up to some extend
0
Comment
Question by:cur
[X]
Welcome to Experts Exchange

Add your voice to the tech community where 5M+ people just like you are talking about what matters.

  • Help others & share knowledge
  • Earn cash & points
  • Learn & ask questions
  • 2
3 Comments
 
LVL 83

Assisted Solution

by:Dave Baldwin
Dave Baldwin earned 125 total points
ID: 36570761
The information you collect is determined by your 'credit card service provider' or 'payment gateway'.  I think the PIN is only used on a direct connection to the issuing bank.  An internet provider probably doesn't have access that can verify the PIN.
0
 

Author Comment

by:cur
ID: 36571165
yes .  internet payment largely unsecure due that  that varification issue  . isn't it .
0
 
LVL 83

Accepted Solution

by:
Dave Baldwin earned 125 total points
ID: 36571725
No, I have no reason to think that.  Almost everything else like the CCV code and the name and address are checked by the payment gateways.  That can actually make it more secure.  If someone gets your PIN and card, they can use it however they want because that is the only thing that is checked.  Some gas stations ask for my ZIP code these days.  As far as I know, you have to have the card to use the PIN.
0

Featured Post

Transaction Monitoring Vs. Real User Monitoring

Synthetic Transaction Monitoring Vs. Real User Monitoring: When To Use Each Approach? In this article, we will discuss two major monitoring approaches: Synthetic Transaction and Real User Monitoring.

Question has a verified solution.

If you are experiencing a similar issue, please ask a related question

How important is it to take extra precautions to protect your online business? These are some steps you can take to make sure you're free of any cyber crime.
Original post  on Monitis Blog. Web performance monitoring is broken into two camps: passive and active. Passive monitoring is defined as looking at real-world historical performance by monitoring actual log-ins, site hits, clicks, requests for …
Viewers will get an overview of the benefits and risks of using Bitcoin to accept payments. What Bitcoin is: Legality: Risks: Benefits: Which businesses are best suited?: Other things you should know: How to get started:
This tutorial demonstrates a quick way of adding group price to multiple Magento products.

734 members asked questions and received personalized solutions in the past 7 days.

Join the community of 500,000 technology professionals and ask your questions.

Join & Ask a Question